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The following data were reported by a corporation: Authorized shares 28,000 Issued shares 23,000 Treasury shares 7,500 The number of outstanding shares is: 35,500. 23,000.

The following data were reported by a corporation:

Authorized shares 28,000
Issued shares 23,000
Treasury shares 7,500

The number of outstanding shares is:

35,500.

23,000.

15,500.

28,000.

20,500.

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